Blogs on Accounts

The blog explains the implications of a dishonoured cheque, including potential legal consequences, penalties, and alternatives to avoid such issues. It outlines the reasons cheques might bounce, the legal repercussions for the issuer, and practical tips for avoiding dishonour charges through digital banking and proper cheque management.

The blog explains retirement investment options that can help you make an informed choice.

The blog explains should you look for a zero balance account? 

The blog explains strategies to maximize interest rates on your savings account.

HDFC Bank allows secure ATM cash withdrawals without a debit card using cardless cash features.

Current Accounts are designed for frequent transactions while Savings Accounts are intended for saving money and earning interest.

The blog explains the concept and benefits of Savings Accounts through a story illustrating how depositing money earns interest over time, and highlights the ease of access, safety, and convenience of using these accounts for managing and growing personal funds.

The blog explains how to deposit money into your bank account.

The blog provides a step-by-step guide on opening a savings account online with HDFC Bank using their InstaAccount service. It details the process from document submission and video KYC to starting transactions via NetBanking or MobileBanking.

The article highlights how HDFC Bank MoneyMaximizer enhances a traditional Savings Account by converting surplus funds into a higher-interest Fixed Deposit, offering benefits like maximum returns, easy deposit booking, and flexible sweep-in and sweep-out features for added convenience.

The blog "8 Interesting Ways To Make Your Savings Grow" explores various investment options beyond traditional savings methods, including Recurring Deposits, Fixed Deposits, Company FDs, Mutual Funds, and Post Office Schemes. It highlights the benefits of these options for growing savings, such as guaranteed returns, tax savings, and risk management.

The blog explains how HDFC Bank allows you to personalise the last 11 digits of your new account number with preferred numbers, like dates or lucky digits, while the first three digits are auto-prefixed. This feature is available for new accounts in specific variants, and existing accounts cannot be converted. To qualify, you must maintain the required balance and provide a mobile number.

The blog explains how to open a savings account for your child and benefits of a children savings account.

The blog explains what a check and its different types explained.

The blog compares Salary Accounts and Savings Accounts, highlighting their key differences, such as purpose, minimum balance requirements, and conversion rules. It explains who can open each type of account and the conditions for maintaining them, including how Salary Accounts may convert into Savings Accounts if not used correctly.

The Average Monthly Balance is the minimum amount of money that you need to maintain in your Savings Account to avoid non-maintenance charges.

The blog explains different types of bank accounts in India along with their features.

Features include Debit Card, interest, online bill payments and fund transfers, online banking platforms, etc.

This blog provides a comprehensive overview of the Basic Savings Bank Deposit Account (BSBDA), highlighting its benefits, conditions, and how it serves economically weaker sections by offering a no-minimum-balance savings option. It also details the process for opening a BSBDA and the conditions that apply.

The blog explains how to avail of the sweep-out facility to your best advantage for you savings account

The blog explains how to complete the KYC process for opening a bank account using a video call, detailing the steps and requirements for a smooth video KYC with HDFC Bank.

With this account, you can safely deposit or withdraw funds at any time and earn interest on the money in the account.

The Sweep-in facility links your savings or current account to fixed deposits, allowing automatic transfer of funds when your balance falls short. It ensures smooth transactions while earning higher FD interest on surplus money. Funds are withdrawn in small units from the latest FD first, offering flexibility, better returns, and uninterrupted access to your money without extra charges.

The blog explains the evolution of Savings Accounts from basic deposit and interest-earning tools to modern accounts offering various features like online banking, cashback, higher interest rates, and more, enhancing the overall banking experience.

The blog discusses how a Kid’s Savings Account helps children learn banking and money management skills by allowing them to operate their own accounts while also outlining the process for opening such an account and its benefits for future financial planning.

The blog explains what a zero-balance savings account is, highlighting its key features, such as no minimum balance requirement and ease of transactions, while also noting limitations like restricted monthly withdrawals and rules on account ownership.

The blog explains the RBI rules on salary, ATM fees, EMI payments, and more.

The blog explains how to save money for a new car.

The blog explains financial steps nris must take upon returning to India.

The article "Save Money - Ways to Save Money in Your Daily Life" provides practical tips and strategies for reducing everyday expenses and improving financial habits. It highlights simple, effective ways to save money through lifestyle adjustments, smarter purchasing decisions, and better financial management.

Common types include Regular Savings Accounts, Student Savings Accounts, Senior Citizen Savings Accounts and Salary Accounts.

The blog explains the implications of a dishonoured cheque, including potential legal consequences, penalties, and alternatives to avoid such issues. It outlines the reasons cheques might bounce, the legal repercussions for the issuer, and practical tips for avoiding dishonour charges through digital banking and proper cheque management.

The blog explains the benefits of a salary account.

The blog outlines a three-step process for opening different types of Salary Accounts, including Basic, Reimbursement, and InstaAccount, detailing the required documents and benefits for each type.

The blog explains what a salary account is and highlights its benefits. It outlines how salary accounts are linked to an employer for depositing monthly salaries. It also covers additional features like Demat services and bill payments and notes the difference between salary and regular savings accounts.

The blog explains tax planning for salaried employees.

The blog explains the benefits of a salary account.

The blog explains different types of salary accounts with HDFC Bank and benefits of opening a salary account with HDFC Bank. Additionally, you get to know free services with your HDFC salary account and salary account opening procedure.

The Blog Explains How to Transfer Salary Account Abroad.

The blog explains the implications of a dishonoured cheque, including potential legal consequences, penalties, and alternatives to avoid such issues. It outlines the reasons cheques might bounce, the legal repercussions for the issuer, and practical tips for avoiding dishonour charges through digital banking and proper cheque management.

Open an SSY account for a girl aged up to 10 by submitting her birth certificate, guardian’s ID and address proof. Deposit ₹250 to ₹1.5 lakh annually for up to 14 years. It matures after 21 years, offering attractive interest (~8.2%) and full tax benefits, with partial withdrawal possible after age 18.

The blog outlines the benefits of the Sukanya Samriddhi Yojana, a savings scheme designed for parents of girl children, highlighting features such as low minimum deposits, tax benefits, high interest rates, and provisions for educational and premature withdrawals.

The blog explains how you can check Sukanya Samriddhi Account Balance online. 

The blog explains how to open a Sukanya Samriddhi Account, eligibility, documentation, and other more.

The blog explains the implications of a dishonoured cheque, including potential legal consequences, penalties, and alternatives to avoid such issues. It outlines the reasons cheques might bounce, the legal repercussions for the issuer, and practical tips for avoiding dishonour charges through digital banking and proper cheque management.

The blog explains the benefits of transferring money to a Non-Resident External (NRE) account, highlighting features such as unlimited transfers, high interest rates, tax exemptions, and global accessibility for NRIs.

The blog explains the features and advantages of Non-Resident External (NRE) Accounts, which allow NRIs to deposit foreign currency into Indian banks, benefit from tax exemptions on interest, repatriate funds internationally, and use the account for personal, business, or investment purposes in India.

The blog explains the implications of a dishonoured cheque, including potential legal consequences, penalties, and alternatives to avoid such issues. It outlines the reasons cheques might bounce, the legal repercussions for the issuer, and practical tips for avoiding dishonour charges through digital banking and proper cheque management.

The blog explains What Portfolio Investment Scheme is.

The blog explains the implications of a dishonoured cheque, including potential legal consequences, penalties, and alternatives to avoid such issues. It outlines the reasons cheques might bounce, the legal repercussions for the issuer, and practical tips for avoiding dishonour charges through digital banking and proper cheque management.

The blog explains Resident Foreign Currency Account features and benefits.

The article explains what an NRI (Non-Resident Indian) Account is, detailing its purpose, who can open one, and the different types available, including Non-Resident External (NRE), Non-Resident Ordinary (NRO), and Foreign Currency Non-Resident (FCNR) Accounts.